Broad money growth (annual %) in Mongolia
Mongolia: Broad money growth (annual %) was 15.0% in 2024. ◆ Volatile
Broad money growth in Mongolia, 1992–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
Mongolia recorded 15.0% for broad money growth in 2024.
The figure is down 44.0% on the previous year and up 20.2% over ten years.
Over the whole period, broad money growth in Mongolia peaked at 227.6% in 1993 and was at its lowest, -5.6%, in 2008.
Mongolia ranks 42nd of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth (annual %) in Mongolia, year by year
| Year | annual % | Change |
|---|---|---|
| 1992 | 31.6% | — |
| 1993 | 227.6% | +619.2% |
| 1994 | 80.0% | -64.9% |
| 1995 | 32.6% | -59.2% |
| 1996 | 17.2% | -47.2% |
| 1997 | 42.2% | +145.4% |
| 1998 | -1.7% | -103.9% |
| 1999 | 31.6% | -2010.9% |
| 2000 | 17.6% | -44.5% |
| 2001 | 27.9% | +59.0% |
| 2002 | 42.1% | +50.7% |
| 2003 | 49.6% | +17.8% |
| 2004 | 20.4% | -58.8% |
| 2005 | 34.6% | +69.4% |
| 2006 | 34.8% | +0.5% |
| 2007 | 56.3% | +61.8% |
| 2008 | -5.6% | -109.9% |
| 2009 | 27.0% | -584.3% |
| 2010 | 62.5% | +131.5% |
| 2011 | 37.0% | -40.7% |
| 2012 | 18.7% | -49.4% |
| 2013 | 24.2% | +29.1% |
| 2014 | 12.5% | -48.3% |
| 2015 | -5.5% | -144.0% |
| 2016 | 21.0% | -481.4% |
| 2017 | 30.5% | +45.1% |
| 2018 | 22.8% | -25.2% |
| 2019 | 7.0% | -69.4% |
| 2020 | 17.5% | +150.9% |
| 2021 | 13.8% | -21.1% |
| 2022 | 6.5% | -53.2% |
| 2023 | 26.8% | +315.0% |
| 2024 | 15.0% | -44.0% |
Mongolia compared with similar countries
- Mongolia's 15.0% is above the median for upper middle income countries, which is 9.3%, 1.6× the median. (55 countries reporting)
- Mongolia's 15.0% is above the median for East Asia & Pacific, which is 7.4%, 2.0× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +2010.9% | -1.7% | 31.6% |
| 1993 | +619.2% | 31.6% | 227.6% |
| 2009 | +584.3% | -5.6% | 27.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 57.7% | -1.7% | 227.6% | 8 |
| 2000s | 30.5% | -5.6% | 56.3% | 10 |
| 2010s | 23.1% | -5.5% | 62.5% | 10 |
| 2020s | 15.9% | 6.5% | 26.8% | 5 |
Countries ranked near Mongolia
More financial sector data for Mongolia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.13 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.13 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is broad money growth in Mongolia?
- Broad money growth in Mongolia was 15.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Mongolia?
- The highest recorded value was 227.6% in 1993.
- What is the lowest broad money growth recorded in Mongolia?
- The lowest recorded value was -5.6% in 2008.
- How does Mongolia rank for broad money growth?
- Mongolia ranks 42nd out of 167 countries with data for 2024.
- Is broad money growth rising or falling in Mongolia?
- Over the last ten years it is up 20.2%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.